Will we see new ATH this year?

[shield132]

This year was full of excitement, full of good things and full of the evil. We saw new ATH, we saw how one man manipulated the whole crypto market and we saw how one country fights it and how everyone wants to kill the bitcoin as an investment option because of its high volatility.

From the recent experience, every time we see bitcoin trying to surpass 50K and/or reach new all-time high, market somehow drops, if that doesn't happen then China tries to stop it's rise, every time it tries to stop bitcoin from surpassing 50K.

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

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[Kong Hey Pakboy]

There's still about 3 months or so left so there's always the looming possibility that bitcoin will get to a new ATH, and remember that time doesn't matter for bitcoin, it will reach an ATH when it wants too so you better hold on to it and wait for that golden moment when the pric reach another ATH.

[michellee]

We can only wait and see because we do not know for sure. 3 months later and we will how high the bitcoin price is at the end of this year. If the bitcoin price does not break the last ATH and only stays below $60k or even $50k, we can not do anything except accept and still hold bitcoin for more. Many possibilities can happen until the end of this year and we should prepare ourselves and do not worry if the price is not making a new ATH this year because we still have many times to see a new ATH in the next years.

[DaveF]

I think a lot depends on the SEC approving some of the BTC ETFs
If they do, I can see BTC spiking up and staying there as it will now be considered more legitimate by some people.
If they do not I think we will bounce around and get back to $60k but above that will be hard until we hear some other form of good news.

-Dave

[passwordnow]

What do you think, will we reach new ATH again despite a such resistance?

This is for sure that we'll see a new ATH but we don't know when but let's count and hope that it will show by the end of this year. And with the activities that has happened for this year or let's all say and count all of these years, it's always been that there's deterrent. If it's not from the financial institutions and economists, it's coming from a country that we don't know if they're doing some secretive accumulation all of this time as they've been known as one of the biggest countries that have been making rounds as greater in finance.

[Sterbens]

Well, witnessing a quite stressful phenomenon this year, it is indeed very difficult for Bitcoin to be above $50K after ATH a few months ago. And since the middle of the year it has been seen that there will be a drastic decline that makes traders almost panic. Some of them are also strong to fend off the FUD that China has thrown for a whole month. Now for the closing of this year, it seems that ATH is in sight. For some analysts, this is certainly a tough task for them to see the movement of Bitcoin.
Let's just wait and hope that Bitcoin will not be manipulated by Chinese political goals, especially those who clearly want to destroy Bitcoin until it has no value.

[tulusikhlas]

I personally only believe that Bitcoin will exceed $50K in the near future. It's clear that as early as October 1st, we saw Bitcoin pick up even though it's only been growing for a while and it hasn't been months since China smashed the Bitcoin crypto market back into growth. This proves that Bitcoin can easily bounce back. Why? because out there the level of trust in Bitcoin is greater than the Chinese news which is only considered a breeze.

[Leviathan.007]

Some investors including me belave that the price is going to reach the ATH this year or even sooner because we already saw the price fall and the correction of the price where the price was falling down for weeks I believe after saving this much potential the price of bitcoin is getting ready to reach the new ATH. However, from what I can see on the char I think that's better to the price is going to reach the new ATH during this month or next month, not this year. However, since we are talking about the crypto market, that's impossible to predict the price even after 1 year.

[fiulpro]

It's true that the news regarding China stopping the mining is something that might push the price down but at the same time there are other countries as well, who are emerging as a safe heavens for Bitcoins, they are accepting it wholeheartedly and beginning to make a move to make it legal, many congressmen are already speaking in their favor and therefore I do believe that we might be able to see the ATH, after everything with China settles downs and they stabilize the whole price.
-Its only the starting of October and we are seeing movements therefore I do think that by the end of November we might be seeing a new trend soon, then again, nothing is fixed therefore just hold for the long term,  you don't loose until and unless you don't encash.

[haidil]

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

There is always a possibility for ATH, but if it has to go beyond the existing ATH, it may be worth waiting for even greater adoption. Because so far I see bad news always trying to stop the big bull especially to prevent Bitcoin from going high.
Nobody really confirms ATH or not, the important thing is that we have to save Bitcoin from Chinese interference as far as possible.

[Bitstar_coin]

I keep reading there is a possibility for another bull from now till end of year, nobody knows if it can happen or not but I sincerely hope it does, it will be amazing and lots of people will fomo into buying  ,
In fact, it would have been great if it happens and then China fud would mean nothing, even they will be surprise.

[Gozie51]

The fact is that the governments and/or other major financial sectors just don't want bitcoin to reach ATH again and they do everything for that but the bitcoin is still very, very bullish, like never before! What do you think, will we reach new ATH again despite a such resistance?

Apart from government in their actions like banning bitcoin , I don't think they have business with what the price is. There main purpose is to erase bitcoin totally from the phase of the earth because of hate for fear of replacement of local fiat currency. However as with price hitting ATH isn't in control of government or institution, that depends on hodlers. Most times that there is fud news the price get stronger .

[LastKiss]

Not this year I guess, cause the government doesn't want to the price spike to high since they're not having enough crypto in their pocket. But as far as I remember usually crypto price will a little bit spike when we near around new year. Well I only expect next year will be good for every cryptocurrency and ofc for new ATH for next year   

[ene1980]

I keep reading there is a possibility for another bull from now till end of year, nobody knows if it can happen or not but I sincerely hope it does, it will be amazing and lots of people will fomo into buying  ,

This is what everyone is hoping but you need to have some or the other good news that could really take the price to a new level. As one of the users Dave mentioned above you need to see some ETF getting approved to see the price going through the roof once again.

In fact, it would have been great if it happens and then China fud would mean nothing, even they will be surprise.

By the end of the year or when the bear returns any news could have an impact on the market. Till now China FUD had some impact even though it does not make any sense.

[GubiMixa1292]

It's really hard for Bitcoin to get above $50k after ATH a few months ago. And since the middle of the year, it has been seen that there will be a sharp drop that almost panics traders. Some of them are also strong against the FUD that China has been throwing for a whole month. Only 2 months left until the end of 2021 what will happen at the end of the year and what will happen in 2022? . a lot of news predicts the price of BTC but it seems that the price of BTC by the end of this year could reach 50k$.

[The Sceptical Chymist]

I think a lot depends on the SEC approving some of the BTC ETFs

I'm not so sure a new ATH depends on that, though I would say that if an ETF were approved it definitely wouldn't hurt.  I think the importance of bitcoin ETFs is overblown, though I could be wrong--and the only way I'm ever going to know that for sure is if one gets approved.  We'll see.

As I write this, bitcoin is moving toward $49k, which isn't bad, and I certainly wouldn't underestimate its volatility and rule out the possibility of surpassing its ATH by the end of the year.  But do I think that's actually going to happen?  I don't.  I'm also not sure a $20k+ rise in value over the course of three months would be sustainable, and I've written similar sentiments before.  I'd be much happier if the price rose slowly, hitting $64k by June 2022 or thereabouts. 

[24Kt]

It's really hard for Bitcoin to get above $50k after ATH a few months ago. And since the middle of the year, it has been seen that there will be a sharp drop that almost panics traders. Some of them are also strong against the FUD that China has been throwing for a whole month. Only 2 months left until the end of 2021 what will happen at the end of the year and what will happen in 2022? . a lot of news predicts the price of BTC but it seems that the price of BTC by the end of this year could reach 50k$.

Reaching again to 50k level before the years ends is really not bad at all in my opinion. Only this year that we have seen this price level. So don't get too demanding if bitcoin can only sustain such level. If we will read more news or tangible progress in terms of btc adoption, we may see a new ATH again this year, if not, just be grateful that we have a good run this year. Also, we have seen that China's move toward btc or crypto has not majorly influence the market.

[sheenshane]

There's a possible big impact when ETFs have been approving by the U.S. SEC and possible someone says we are on the road to a $100k Bitcoin price.  So it means there's another possible ATH will come.  As I heard, there are over 30 applications of base Bitcoin ETF waiting to be approved and for sure that will make Bitcoin skyrocketing the price.

Maybe the market now was struggled with the China FUD when it will recover and ETFs approval will come, the FUD will completely forget IMO.

For now, let's just wait for what will happen next and hoping that there is good news in Bitcoin, not all FUDs.

[Strongkored]

What do you think, will we reach new ATH again despite a such resistance?

This is what many crypto lovers are still waiting for, there are many factors that can be an obstacle, one of which is China which prohibits crypto (though this news always appears every year), crimes that use crypto, as well as whales or institutions that can greatly affect the price, but I still believe BTC will reach the newest ATH before the year ends.

[bitzizzix]

What do you think, will we reach new ATH again despite a such resistance?

This is what many crypto lovers are still waiting for, there are many factors that can be an obstacle, one of which is China which prohibits crypto (though this news always appears every year), crimes that use crypto, as well as whales or institutions that can greatly affect the price, but I still believe BTC will reach the newest ATH before the year ends.

Not only waiting but most people predict the end of the year bitcoin will set a new ATH and hopefully it will come true, and FUD from China keeps coming from time to time and in fact does not affect the movement of bitcoin.
and indeed news about bitcoin will affect the movement of bitcoin and will always be there every year, but most of them bitcoin users will think smarter and continue to believe in bitcoin whose price will continue to rise and the interest will continue to grow over time.